Are aftermarket warranties any good?

[fongpi]

I'm thinking about buying an M3 that is near the end of its manufacturers warranty. I am also applying for a loan through PenFed, and they're offering an extended warranty for $33 per month. Is that warranty good, does anyone have any experiences with this? Please share!

[THE TECH]

I went with the BMW one, but other members have had good luck with the aftermarket ones. Try doing a search.

[fongpi]

I guess specifically I'm wondering about the PenFed warranty...

[X2Board]

The warranties offered by credit unions are usually quite good. Find out which warranty company they work with and Google for information/customer feedback.

[fongpi]

Originally Posted by X2Board

The warranties offered by credit unions are usually quite good. Find out which warranty company they work with and Google for information/customer feedback.

I just found out the PenFed warranty doesn't cover the clutch, which should pretty much be a dealbreaker than right?

[Sirius Black]

The clutch is a normal wear item. Any friction item that will require replacement after wear is considered maintenance, not repair, like a brake pad or tire. No warranty out there will cover a clutch, just as it's not covered by the original warranty.

[X2Board]

No warranty will cover a clutch. However, if you get a DCT, which is a sealed transmission you can get coverage on that

You know you want the DCT...

[dmk08]

I just wanted to bump one of these threads because I had my first EasyCare claim on my ///M this week.

When I went to United BMW on Saturday to have my awesomely cheap ZCP wheels installed they found a nail in my brand new PS2 rear tire. It was right on the sidewall and was not able to be patched/plugged.

After reluctantly shelling out $480 to the dealer for a new tire I told the service manager I would be coming there from now on because I liked the service better than the other Atlanta BMW dealers. I let him know that my car had just fallen out of factory warranty but I had purchased an EasyCare extended package. He tells me I should contact EasyCare Monday to see if the tire is covered as it should be with 'Totalcare'.

I called Monday and started a claim on the tire. I just had to fax in a copy of the bill w/ what happened to the tire and how much tread depth was left. I got a notification this morning that I'm being refunded $502 because that's the retail price they have on the tire. So I'm pretty impressed as this covers almost 20% of the original warranty fee.

[davesaddiction]

Originally Posted by dmk08

I just wanted to bump one of these threads because I had my first EasyCare claim on my ///M this week.

When I went to United BMW on Saturday to have my awesomely cheap ZCP wheels installed they found a nail in my brand new PS2 rear tire. It was right on the sidewall and was not able to be patched/plugged.

After reluctantly shelling out $480 to the dealer for a new tire I told the service manager I would be coming there from now on because I liked the service better than the other Atlanta BMW dealers. I let him know that my car had just fallen out of factory warranty but I had purchased an EasyCare extended package. He tells me I should contact EasyCare Monday to see if the tire is covered as it should be with 'Totalcare'.

I called Monday and started a claim on the tire. I just had to fax in a copy of the bill w/ what happened to the tire and how much tread depth was left. I got a notification this morning that I'm being refunded $502 because that's the retail price they have on the tire. So I'm pretty impressed as this covers almost 20% of the original warranty fee.

Thanks for the info - I'm considering EasyCare to extend my warranty.

What length of coverage (miles and time) did you purchase?

[TVMA Doc]

Originally Posted by X2Board

No warranty will cover a clutch. However, if you get a DCT, which is a sealed transmission you can get coverage on that

You know you want the DCT...

That is most likely because with the M-DCT the computer is controlling your clutch. In the M-6T the user is controlling the clutch. The assumption is that the computer is less likely to burn the clutch every 3,000 miles.

[dmk08]

Originally Posted by davesaddiction

Thanks for the info - I'm considering EasyCare to extend my warranty.

What length of coverage (miles and time) did you purchase?

My warranty expired with 35000 miles on the car. I purchased the EasyCare package a week before and it's good for 3yr or up to 85,000 miles. I'll never hit either of those.

[fongpi]

Originally Posted by dmk08

My warranty expired with 35000 miles on the car. I purchased the EasyCare package a week before and it's good for 3yr or up to 85,000 miles. I'll never hit either of those.

How much was easycare?

[dmk08]

Originally Posted by fongpi

How much was easycare?

~$3,000